With more than 5.4 million California residents over age 65, and growing, the opportunity to provide top-quality senior housing continues to be as great as the need.
IRVINE, Calif. (June 2023) – With its first project underway, Oakmont Management Group (Oakmont), a leading senior living operator with communities across California, Nevada and Hawaii, has officially launched O&I Development (O&I). O&I will build upscale, independent assisted living and memory care communities. Its first project – The Ivy at Blue Oaks in the Sacramento suburb of Roseville – commenced construction earlier this year as part of a series of new communities planned across California.
O&I has been targeting suitable land sites in various high-need markets, including greenfield and redevelopment projects. O&I has the knowledge and industry relationships to successfully take new communities from entitlement through construction and opening. O&I’s daily operations are led by Carissa Savant, Vice President of Development, and Colin Bagwell, Vice President of Acquisitions.
“We’re interested in working with select landowners who are seeking a well-capitalized, serious development partner with proven credentials in the senior living industry,” said Bagwell.
California is experiencing a growing need for more high-quality senior living communities at a time when land development—specifically, access to capital and construction costs—is challenging. O&I’s comprehensive, repeatable and long-term approach to development will position the company for growth despite today’s economic environment.
Every O&I Development project will be built with extensive input from management partner Oakmont and its proven approach to resident services, programming, meals and health and wellness. Most locations will include*:
- Well-appointed resident common areas and activity spaces
- Spacious apartment homes with en suite bathrooms and kitchenettes
- Five-star culinary offerings under the direction of an on-site executive chef
- Community engagement coordinator for resident assistance
- Concierge medicine programs
- Pet friendly accommodations with outdoor pet parks
- Library, game room, movie theater and recreation room
- Complimentary chauffer services
- Wellness center and beauty salon
- Manicured grounds with walking trails, putting greens, bocce ball courts and raised garden beds
“Being part of a project from the ground up has many advantages, so we’re excited for the opportunity to develop new communities like The Ivy at Blue Oaks that are beautifully appointed and well-suited for resident services and amenities, aligning with O&I’s core values,” said Savant.
The Ivy at Blue Oaks is scheduled to open in late 2024. The two-story, 100-apartment luxury assisted living and memory care community in Roseville will feature extensive amenity space and multiple upscale dining options. In addition, a focus on health and wellness-related activities will offer residents optional physical therapy sessions and a manicured walking trail around the entire community. Residents will have round-the-clock access to luxurious living spaces indoors and out to enjoy the best environment available. For more information, please visit www.theivyblueoaks.com.
Oakmont’s personalized approach to quality senior living has become well-regarded in the industry since its founding more than a decade ago. With the launch of O&I Development, Oakmont has leveraged its experience as California’s leading senior living operator to develop additional purpose-built communities that best serve the evolving and growing needs of seniors across the state. The company’s dedication to excellence ensures that team members deliver exceptional service while creating safe, healthy and inspiring environments for residents.
Further information about O&I Development, including contact information to speak with a representative, is available at www.anindell.com.
*Amenities vary by property and location.
About O&I Development
Established in 2021, O&I Development offers a comprehensive approach to developing luxury senior living communities from start to finish. The Orange County, Calif.-based company manages all aspects of land acquisition, entitlement, development and management of upscale projects to deliver exceptional lifestyle experiences through intelligent and intentional design. Dedicated to providing luxury living with an eye toward detail, design and finish, residents enjoy exquisite environments both inside and out.
About Oakmont Management Group
Oakmont Management Group, based in Irvine, Calif. is a recognized leader in the senior living industry that manages a portfolio of communities under the Oakmont Senior Living and Ivy Living brands. OMG currently serves more than 7,000 seniors with communities across California, Hawaii and Nevada. Residents receive customized care services delivered in luxurious, resort-style settings. With an impressive array of five-star amenities and compassionate team members, residents of Oakmont Senior Living and Ivy Living benefit from the finest senior living experience in the industry. For more information, visit www.oakmontseniorliving.com and ivyliving.com.